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James Tobin
Prof.
Alternative spellings: Tò-pin
B:5. März 1918Champaign, Ill. D: 11. März 2002 Biblio: Nationalökonom Death Place:
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1981 - Prize in Economic Sciences in Memory of Alfred Nobel
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known tobit model. Along with fellow neo-Keynesian economist James Meade in 1977, Tobin proposed nominal GDP targeting as a monetary policy rule in 1980. Tobin received the Nobel Memorial Prize in Economic Sciences in 1981 for "creative and extensive work on the analysis of financial markets and their relations to expenditure decisions, employment, production and prices." Outside academia, Tobin was widely known for his suggestion of a tax on foreign exchange transactions, now known as the "Tobin tax". This was designed to reduce speculation in the international currency markets, which he saw as dangerous and unproductive. (Source: DBPedia)
Q211776
Publishing years
2
2019
1
2015
1
2011
1
2006
8
2005
1
2004
6
2003
3
2002
4
2001
2
2000
6
1999
6
1998
9
1997
6
1996
5
1995
5
1994
6
1993
9
1992
8
1991
5
1990
8
1989
2
1988
6
1987
13
1986
3
1985
2
1984
3
1983
3
1982
1
1981
3
1980
2
1978
1
1974
1
1971
2
1967
2
1966
1
1956
Series
Cowles Foundation discussion paper (18)
The papers of James Tobin (3)
Schriften zur monetären Ökonomie (2)
The foundations of 20th century economics (2)
Oldenbourgs Internationale Textbücher der Wirtschafts- und Sozialwissenschaften (1)
R & D / Institut Eropéen d'Administration des Affaires ; Corporate Renewal Initiative : working papers (1)
Yrjö Jahnsson lectures (1)
Oldenbourgs internationale Textbücher der Wirtschafts- und Sozialwissenschaften (1)
Papers and proceedings of the ... annual meeting of the American Economic Association (1)
Global perspectives lecture series (1)
Special issue on financial markets, institutions and policy (1)
Working paper / University of California, Department of Economics, Center for International and Development Economics Research (1)
Policy forum: Sand in the wheels of international finance (1)
CIDEI working paper (1)
Princeton Legacy Library (1)
Essays in international economics in honour of Douglas Purvis (1)
Maynard Keynes - ein moderner Klassiker? (1)
Currency crises (1)
The experiment in applied econometrics (1)
McGraw-Hill international editions / Economic series (1)
Edward Elgar E-Book Archive (1)
The Eliot Janeway Lectures on Historical Economics in Honor of Joseph Schumpeter (1)